UNITED STATES NEWS

State governors from Arizona, New Mexico seek stronger economic ties with Taiwan

Sep 19, 2023, 10:07 PM

SANTA FE, N.M. (AP) — Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states.

Trade missions this week have taken New Mexico. Gov. Michelle Lujan Grisham and Arizona counterpart Katie Hobbs, both Democrats, to the self-governing island of Taiwan.

Hobbs said her goal was to encourage ongoing investments to make Arizona a hub for semiconductor manufacturing. She met Monday with Taiwan Semiconductor Manufacturing Co. executives and suppliers, visiting their plant as well as water treatment facilities.

Arizona leaders have been touting that the state will be the home of a Taiwanese microchip manufacturer’s first U.S. plant, generating 12,000 construction jobs.

Construction started in 2021 on that sprawling facility that will utilize precision trademark technology for semiconductor fabrication with the capacity to produce 20,000 wafers per month. Once completed and operational next year, the plant is estimated to create 4,500 high-tech jobs.

Democratic President Joe Biden visited the site in December, praising it as a demonstration of how his policies are fostering job growth. Biden has staked his legacy in large part on major investments in technology and infrastructure that were approved by Congress along bipartisan lines.

At a business conference in Taipei on Tuesday, Lujan Grisham urged entrepreneurs and leaders to consider investment opportunities in her home state, touting a workforce with access to subsidized child care and tuition-free college.

Lujan Grisham says she hopes to expand the presence in New Mexico of Taiwanese companies that already including the label printing business Cymmetrik and wire manufacturer Admiral Cable – both with facilities at Santa Teresa, New Mexico, near a port of entry for freight between the U.S. and Mexico.

“Strengthening our relationships here is good for New Mexico, good for America, and good for Taiwan as we develop a global economy with a more stable and resilient supply chain,” Lujan Grisham said in a statement.

Beijing wants to reunite the mainland with the self-governing island of Taiwan, a goal that raises the prospect of armed conflict.

At the U.N. General Assembly on Tuesday, Biden described U.S. partnerships around the globe aimed at creating economic, security and other advancements, even as he stressed that those relationships were not about “containing any country” — a clear reference to Beijing.

Several other governors — Democratic and Republican — have recently traveled on trade missions to Taiwan. Democrat Gretchen Whitmer became the first serving governor of Michigan to visit Taiwan, during an investments-related tour this month that included stops in Japan. Republican Indiana Gov. Eric Holcomb traveled to Taiwan in August on a separate trade mission.

In August, Singapore-based Maxeon Solar Technologies announced plans to build a major solar panel manufacturing plant in Albuquerque, New Mexico, pending approval of a loan application with the U.S. Department of Energy.

The factory would employ about 1,800 people to provide photovoltaic solar panels for use in residential, commercial and utility-scale solar arrays.

Hobbs’ trade mission includes a visit to South Korea.

___

Tang reported from Phoenix.

United States News

FILE - Leslie Moonves attends the CBS Network 2015 Programming Upfront at The Tent at Lincoln Cente...

Associated Press

LA ethics panel rejects proposed fine for ex-CBS exec Les Moonves over police probe interference

LOS ANGELES (AP) — The Los Angeles City Ethics Commission unanimously rejected a proposed settlement between the city and Les Moonves on Wednesday, saying a tougher penalty is warranted for the former CBS chief executive accused of interfering with a police investigation into sexual assault allegations against him. Moonves had agreed to pay an $11,250 […]

2 hours ago

Associated Press

Trial of ‘Rust’ armorer to begin in fatal film rehearsal shooting by Alec Baldwin

SANTA FE, N.M. (AP) — Attorneys prepared to make opening statements Thursday at the first trial related to the fatal shooting of a cinematographer by actor Alec Baldwin during a rehearsal for the Western film “Rust.” Before Baldwin’s case progresses, the movie’s weapons supervisor is being tried on charges of involuntary manslaughter and tampering with […]

3 hours ago

FILE - Darryl George, a 17-year-old junior, before walking across the street to go into Barbers Hil...

Associated Press

Trial to determine if Texas school’s punishment of a Black student over his hair violates new law

ANAHUAC, Texas (AP) — A trial is set to be held Thursday to determine if a Black high school student in Texas can continue being punished by his district for refusing to change his hairstyle, which he and his family say is protected by a new state law that prohibits race-based hair discrimination. At issue […]

3 hours ago

In this undated image provided by Haylee Wendling, family members of Colin Conner pose for a photo ...

Associated Press

Amid fentanyl crisis, Oregon lawmakers propose more funding for opioid addiction medication in jails

PORTLAND, Ore. (AP) — Kendra Sawyer spoke with her dad from the Deschutes County jail and told him she loved him. Six hours later, in the throes of opioid withdrawal, the 22-year-old took her own life. A year later, Sawyer’s father, Kent, is left wondering whether his daughter, troubled as she was, might still be […]

3 hours ago

FILE - New York Attorney General Letitia James speaks Feb. 16, 2024, in New York. Donald Trump coul...

Associated Press

New York AG says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt

NEW YORK (AP) — Donald Trump could be at risk of losing some of his prized properties if he can’t pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays. New York Attorney General Letitia […]

3 hours ago

FILE - N.C. Association of Educators Vice President Bryan Proffitt speaks during a news conference ...

Associated Press

Going on 30 years, an education funding dispute returns to the North Carolina Supreme Court

RALEIGH, N.C. (AP) — Longstanding education funding litigation is returning to North Carolina’s highest court hardly a year after a majority of justices — all Democrats — agreed that taxpayer money could be moved to spend on addressing schooling inequities statewide without the express approval of legislators. What’s apparently changed to permit Thursday’s scheduled oral […]

3 hours ago

Sponsored Articles

...

Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

...

Fiesta Bowl Foundation

The 51st annual Vrbo Fiesta Bowl Parade is excitingly upon us

The 51st annual Vrbo Fiesta Bowl Parade presented by Lerner & Rowe is upon us! The attraction honors Arizona and the history of the game.

...

Canvas Annuity

Interest rates may have peaked. Should you buy a CD, high-yield savings account, or a fixed annuity?

Interest rates are the highest they’ve been in decades, and it looks like the Fed has paused hikes. This may be the best time to lock in rates for long-term, low-risk financial products like fixed annuities.

State governors from Arizona, New Mexico seek stronger economic ties with Taiwan